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Category: Business
Kwara hoteliers tackle government over excessive taxation, harassment, coercion
Hoteliers in Kwara appealed to Gov. Abdulrahaman Abdulrazaq on Saturday to save them from harassment, coercion, intimidation, extortion and unlawful locking up of their facilities by…
Partners seek investment in Nigeria by American firm
Trimble, a United States of America manufacturer software, hardware and services technology company that supports global industries in building and construction, agriculture, geospatial, natural resources…
CBN assigns roles to deputy governors
On Friday, the Central Bank of Nigeria (CBN) assigned responsibility to the four deputy governors confirmed on Tuesday by the Senate. Consequently, Bala Bello will be responsible…
CBN will spend $3bn loan to stabilise economy – NEC
The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed to stabilise the…
Dangote Refinery To Sell Fuel To Nigerians In Dollars, Not Naira
Dangote group’s Executive Director Devakumar Edwin has revealed that the refinery would sell petrol to Nigerians in US dollars and not Nigeria Naira. Dangote Refinery…
Asset concession will generate N185.2bn revenue in 2023 – ICRC
The Director-General of the Infrastructure Concession Regulatory Commission, Michael Ohiani, says concessions of various assets will generate revenue N185.2bn to the treasury account of the…
World Bank approves fresh $700m loan for Nigeria
The World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment. It disclosed this in a statement published…
CBN Confirms Emefiele’s Resignation As Cardoso Assumes Office
The Central Bank of Nigeria (CBN) has confirmed the resignation of Mr Godwin Emefiele as its governor, three months after being suspended from office by President…
Dangote refinery to start petrol refining November – Official
Dangote Refinery is set to begin refining petrol by November 30, 2023, and diesel and jet fuel operations by October 2023, the group’s executive director…
Elon Musk suggests X will charge “small monthly fee” for all users
Elon Musk is looking to charge users of X (formerly Twitter) a monthly subscription fee to combat bots and generate revenue. He made this known during a…